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Safe Hedging System - Daily Swap

  • #221
  • Jun 6, 2007 9:28pm Jun 6, 2007 9:28pm
have anyone back test to see how stable is the 3 pairs hedge gbpjpy/gbpusd/usdjpy ?

I think the 4 pairs is kind of bounce away from each other from time to time, im currently working on a 6 pairs and 8 pairs combo, the 8 pairs seem to be the most stable hmmm since there are no reason why u wont have a balance pips when u covers all 8 main currency but I do hope things goes well with the 3 pairs, they seem to make sense...
  • #222
  • Jun 6, 2007 9:43pm Jun 6, 2007 9:43pm
Quoting titanpips
have anyone back test to see how stable is the 3 pairs hedge gbpjpy/gbpusd/usdjpy ?

I think the 4 pairs is kind of bounce away from each other from time to time, im currently working on a 6 pairs and 8 pairs combo, the 8 pairs seem to be the most stable hmmm since there are no reason why u wont have a balance pips when u covers all 8 main currency but I do hope things goes well with the 3 pairs, they seem to make sense...
Please note the position sizing on the 3 pairs for 10,000$

Long Euro .69 lot (or 6.9 mini lots)
Long GBP .49 lot
Long CHF 1.73 lot
  • #223
  • Jun 7, 2007 12:12am Jun 7, 2007 12:12am
Quoting jimbofx7
I use your EA since 3 days but he opened only round 0?
You have to change the 0 to 1 on the second day.
On the third day you change it to 2.
On the fourth day you change it to 3.
And so you carry on and on, till the tenth day.
You have to do this all manually, the EA does'nt do it automatically.

I suppose this feature could be build into the EA.
  • #224
  • Jun 7, 2007 2:23pm Jun 7, 2007 2:23pm
Quoting EbenB
You have to change the 0 to 1 on the second day.
On the third day you change it to 2.
On the fourth day you change it to 3.
And so you carry on and on, till the tenth day.
You have to do this all manually, the EA does'nt do it automatically.

I suppose this feature could be build into the EA.

Me too are waiting for this feature...hope it will out soon! Thanks
Patience, let the market come to you!
  • #225
  • Jun 7, 2007 3:22pm Jun 7, 2007 3:22pm
Quoting melpheos
Down 1300$ on test account atm i have still a lot of margin to handle the drawdown which is allready 11%
Like I have said before in this thread, you are only partially hedged ...
Quoting tiku
if you want to read it again click here ...
As the USD-JPY pair is poised to dig deeper for the next few days you will see more losses.
Rgds
t.
always expect the unexpected!
  • #226
  • Jun 7, 2007 5:06pm Jun 7, 2007 5:06pm
Quoting TiKin
Please look at my hedging, I have been in those trades for 4 months, it is now showing a gain of 19% on capital plus all the daily swap, but I was down 46% at one point.
hi

Please explain the strategy Long EURCHF and Long GBPUSD (that´s what your pairs represent).
Is this based on correlancy of those 2 pairs?
"Hoe ur pips mate?" fxcarllos
  • #227
  • Jun 7, 2007 5:08pm Jun 7, 2007 5:08pm
Quoting titanpips
have anyone back test to see how stable is the 3 pairs hedge gbpjpy/gbpusd/usdjpy ?

I think the 4 pairs is kind of bounce away from each other from time to time, im currently working on a 6 pairs and 8 pairs combo, the 8 pairs seem to be the most stable hmmm since there are no reason why u wont have a balance pips when u covers all 8 main currency but I do hope things goes well with the 3 pairs, they seem to make sense...
Neo was working on a 12 pair version. Wonder where did he go!!
"Hoe ur pips mate?" fxcarllos
  • #228
  • Jun 7, 2007 5:13pm Jun 7, 2007 5:13pm
Quoting dashisiong
Me too are waiting for this feature...hope it will out soon! Thanks
I will work on it. It´s not an easy feature though. I tryed it once and couldn´t make it, but i´ll give it a try again.

PS- I´m not a codder, i just do funny things with metaeditor when nobody is watching!
"Hoe ur pips mate?" fxcarllos
  • #229
  • Jun 8, 2007 4:12am Jun 8, 2007 4:12am
Rounds 1,2,3,4,5,6 Closed --> EA still making profit. Till now, Neo strategy surviving.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 0806.jpg Size: 85 KB
"Hoe ur pips mate?" fxcarllos
  • #230
  • Jun 8, 2007 9:23am Jun 8, 2007 9:23am
Down only 300$ now, seems it survives the correction but equity drawdown has been up to 30% but to be precise i enter 2.5 lots at once and not incrementaly. Otherwise, results might have been quite different.
  • #231
  • Edited 11:50am Jun 8, 2007 11:10am | Edited 11:50am
Quoting Carllos
hi

Please explain the strategy Long EURCHF and Long GBPUSD (that´s what your pairs represent).
Is this based on correlancy of those 2 pairs?
The strategy of the pairs and the lot sizing is based on: average daily range, price per pips and with the idea that the trade will remain positive no matter what direction it takes, or it won't be negative for very long, under normal circumstances. As mentionned before, my account went down 46% for about 3 weeks around late February but the circumstances were not normal, the GBP went nuts and far away from the others, there was no longer any correlation; but as with anything and following the laws of equilibrium, normal conditions came back and also profitability.

For the moment GBP and EUR are + and CHF -, however, I was in the opposite situation when I first open the trades and only the CHF was positive, I was always around 7-15 % positive in the account (I mean by that the overall profit/loss of all trades combined). I have cashed in once only at around 11% profit but I made a lot of swap. Look at the lots it became now a simple rule of 3 (I hope this is the right translation).

This is also for you Forex Coach and I give you permission to incorporate that in your course and charge for it LOL. Imagine coming in here and calling yourself Forex Coach with no record.........

Have a good weeekend
  • #232
  • Jun 8, 2007 12:28pm Jun 8, 2007 12:28pm
Quoting TiKin
The strategy of the pairs and the lot sizing is based on: average daily range, price per pips and with the idea that the trade will remain positive no matter what direction it takes, or it won't be negative for very long, under normal circumstances.
Would you mind posting the rules so i can see if i can think of an EA for it? (unless you have one, so we could test!)

I´m about to finish the Automated 2Day EA (probably will be released 2day )
"Hoe ur pips mate?" fxcarllos
  • #233
  • Jun 8, 2007 12:37pm Jun 8, 2007 12:37pm
Quoting Carllos
Would you mind posting the rules so i can see if i can think of an EA for it? (unless you have one, so we could test!)

I´m about to finish the Automated 2Day EA (probably will be released 2day )
Dear Carlos,

The rules are already posted where I have copied my open position window, look at the lot sizes and the direction of each pair, it is that simple. This is for a $10,000 account. There is nothing more to it. You can open these position at any time, no charts to read.

Wonder if you can back test this or not ?

Good weekend to you
  • #234
  • Jun 8, 2007 12:47pm Jun 8, 2007 12:47pm
Carlos,

The market has moved a lot, but you see the gains stay relatively stable, this morning as the CHF was in -, I was at 14% gain and right now at 19% again. Also look at the same window on post 220, pip value have changed but overall gains stay the same, it has been that way for months.
Attached Image (click to enlarge)
Click to Enlarge Name: Carlos.jpg Size: 17 KB
  • #235
  • Jun 8, 2007 12:51pm Jun 8, 2007 12:51pm
Quoting TiKin
Dear Carlos,

The rules are already posted where I have copied my open position window, look at the lot sizes and the direction of each pair, it is that simple. This is for a $10,000 account. There is nothing more to it. You can open these position at any time, no charts to read.

Wonder if you can back test this or not ?

Good weekend to you
you talked about,

"The strategy of the pairs and the lot sizing is based on: average daily range, price per pips and with the idea that the trade will remain positive no matter what direction it takes, or it won't be negative for very long, under normal circumstances"

so, the calculation of lotsize need to be in the strategy, and it need to be in the EA. That was what i meant.

I can´t backtest. The quality of my backtest is poor and sincerily i don´t trust backtests in metatrader. If i can i use excel (i´m oldfashion). Sometimes i use a simple pen and paper (and coffee) to work around a strategy, even before i open metatrader. I´m an old fashion guy, sorry!
"Hoe ur pips mate?" fxcarllos
  • #236
  • Edited 3:47pm Jun 8, 2007 1:01pm | Edited 3:47pm
Quoting Carllos
you talked about,

"The strategy of the pairs and the lot sizing is based on: average daily range, price per pips and with the idea that the trade will remain positive no matter what direction it takes, or it won't be negative for very long, under normal circumstances"

THAT IS RIGHT UNDER NORMAL CIRCUMSTANCES BUT THE UNUSUAL WILL HAPPEN

so, the calculation of lotsize need to be in the strategy, and it need to be in the EA. That was what i meant.

YES THE LOT SIZES ARE PER $10,000, SO FOR $5,000 IT WOULD BE HALF AND FOR 20,000 IT WOULD BE MULTIPLIED BY 2.
I REALLY DON'T SEE THE NEED FOR AN EA AS YOU CAN TAKE THESE ORDERS AT ANY TIME AND THERE IS NOT ANY CONDITIONS TO BE MET. Unless you can come up with something new, this strategy is so simple, you need to sit down have a beer and try it on a demo. great weeked to you.

I can´t backtest. The quality of my backtest is poor and sincerily i don´t trust backtests in metatrader. If i can i use excel (i´m oldfashion). Sometimes i use a simple pen and paper (and coffee) to work around a strategy, even before i open metatrader. I´m an old fashion guy, sorry!
a
  • #237
  • Jun 8, 2007 6:31pm Jun 8, 2007 6:31pm
//------------- VERSION 3 ------------------------------//
~Full Automated~
Place EA on all 4 pairs (GJ, GU, CJ, UC)
Go to EA Properties and:
* Select Year,Month,Day,that you want to start
trading.
* Select HOUR, MINUTEini, MINUTEend that orders will be sent everyday.
(You can change HOUR, MINUTEini, MINUTEend, anyday if you need to)
* If you skip a trading day, change (Year,Month,Day) so that Today,
the correct Round will be placed
* Keep computer running 24/7 (if possible)
//---------------------------------------------------------//
WARNING: HOUR AND MINUTES MUST BE BROKERS
(check Market Watch for correct Broker Time)
//---------------------------------------------------------//

Wait for all positions to close before starting another set of Rounds.
Lots of work on this EA, so i hope you like it!

Cheers
Attached File(s)
File Type: mq4 2day EA v3.mq4   16 KB | 521 downloads
"Hoe ur pips mate?" fxcarllos
  • #238
  • Jun 8, 2007 7:01pm Jun 8, 2007 7:01pm
Quoting mirekturon
Guys check this out. I opened first 2 lots on April 22 with $5000 deposit (demo acc.) Now there is 15 lots opened and account equity is $23305.82
balance: $8395.90. I'm using only 3 pairs: gbp/jpy, gbp/usd, chf/jpy. The only thing i can say that this is a money machine! Thanks Neo !
Well, Neo is not here to comment. I really would love to see him comment. You are obbvious following your own lot size strategy. And somehow giving up usdchf seems to make sense.
Wonder which of the strategies would sufer bigger losses when GJ retrace 300-500 pips.

Food for though..
"Hoe ur pips mate?" fxcarllos
  • #239
  • Jun 9, 2007 9:13am Jun 9, 2007 9:13am
Quoting Carllos
Well, Neo is not here to comment. I really would love to see him comment. You are obbvious following your own lot size strategy. And somehow giving up usdchf seems to make sense.
Wonder which of the strategies would sufer bigger losses when GJ retrace 300-500 pips.

Food for though..
Carllos,are you able to create the EA that work same as mirekturon's approach?
  • #240
  • Jun 9, 2007 9:14am Jun 9, 2007 9:14am
Quoting amenlo9
Carllos,are you able to create the EA that work same as mirekturon's approach?
Sure! Let him post the rules..
"Hoe ur pips mate?" fxcarllos
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